Most homes now measure their broadband speeds in megabits per second. A gigabit is 1,000 megabits. Cable and other Internet providers are adding faster and faster digital connections as customers demand more streaming video, complex digital games and other services that require more bandwidth.
The minimum payment for a credit card is the greater amount between $10 or 2% of the balance. If you charge $2000 and have no interest, your minimum payment for the first month would be about $40. Of course month after month your minimum payment will go down (assuming you don't charge anything other than the $2000).
For example, if your credit card balance is $5,000, your interest rate is 18%, and your minimum payment is $100, making only the minimum payment means it will take you 472 months, or more than 39 years, to pay off your balance. Whatâs more, you will pay almost $14,000 in interest.